How to Retain Top Talent During a Time of High Turnover

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How to Retain Top Talent During a Time of High Turnover

There is an extraordinarily high rate of turnover in many industries right now. This is due to various changes in the job market and what employees are looking for from their employers. As an employer, it is hard to know what the right course of action is. Retain top talent during a time of high turnover with these tips.

Keep Employees Engaged

Work to keep your employees engaged all the time. Boredom is one of the biggest killers of productivity and morale in the workplace. When someone is bored with their day-to-day tasks and generally disengaged, they are more likely to leave and find a more exciting job. To keep your staff engaged, send out regular surveys and communication asking for feedback. This will give you a chance to assess where you might be able to improve.

Opportunities for Growth

Speaking of boredom, you will retain more of your staff if you offer opportunities for growth too. Your employees want to have personal career goals they can work towards and even reach within your company. Outline specific ways they can develop their careers and skills while working with you. The prospect of additional opportunities is enough to keep many employees on board for years to come.  It will also let them know that you value them enough to invest additional resources into their careers.

Show Appreciation

Your staff needs to feel valued to want to continue working for you. Be sure you recognize your employees’ contributions to your organization on a regular basis. This will help boost the morale on the job, and it will also give your staff a sense of purpose. When they feel valued and important, they are less likely to leave their jobs. In fact, they will become extremely loyal and may even refer their colleagues to come work with you too. So, say thank you regularly, invest in their careers, and show them appreciation in some form.

Consider Your Benefits

Think about the benefits you provide your staff. How do these things contribute to the overall quality of life of your employees? Of course, paid time off, health coverage, and paid holidays are all great perks. Other benefits you may consider offering to add incentive for your employees include remote work options, flexible scheduling, student loan payback, counseling, or other paid-for services. To get an idea of what your staff may appreciate, ask them what benefits they’d like to see offered. This can give you an idea of what to offer in terms of benefits to help retain your current team.

Work With a Staffing Agency

Utilizing the help of a staffing agency can be a great way to attract and retain top talent. Agencies can also help you predict and adjust to market trends. So, during times of high turnover like right now, recruiters can help you fill in the gaps in your staff and improve your employer brand to attract new employees.

A.C. Coy can do this and more for your organization. Contact us to learn more about our services.